Toronto E06, ON M1N 1V4
Rare Opportunity! First time on the market in 30 years, this well-known bar & restaurant at 2459 Kingston Rd, Scarborough, is on the market as the current owner retires after three decades of proud ownership. Located in a busy plaza with plenty of parking, surrounded by apartments and a residential neighborhood, and in a high-traffic area, this spot is perfectly positioned for steady business. The restaurant comes fully equipped with a 10 ft hood, two walk-in coolers, and an LLBO license for 80 seats inside, 10 on the patio, and 45 in the basement with pool tables. Rent is $8,649/month (TMI & HST included), with the current lease until December 2026; a new lease will need to be arranged with the landlord. A rare chance to take over a thriving, well-established business with guaranteed income from regulars!
TRREB MLS® Attribution
MLS® E12793824
Listed by REON HOMES REALTY INC.
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Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$1,704
/month · $279,200 mortgage
Amortization
Total Interest
$232,064
Total Cost
$511,264
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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REON HOMES REALTY INC.